Dáil debates

Thursday, 14 March 2013

11:10 am

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

There is a threat to introduce legislation. Is legislation being promised to cut the pay of senior bankers? Does the Minister think it acceptable that the CEO of Bank of Ireland, Mr. Richie Boucher, would still be earning €612,000, even if he succumbed to the request to cut his pay by 10%? Why is the Government treating senior bankers with kid gloves, while taking the hammer to front-line public sector workers, many of whom earn modest incomes? Does the Minister believe that is the appropriate approach to take to public sector workers, front-line workers in particular, when 6,400 senior bankers in failed institutions are earning more than €100,000? Is legislation promised to reduce bankers' pay?

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